Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Increases By 754.8%

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 114,685 shares, an increase of 754.8% from the November 30th total of 13,417 shares. Based on an average daily volume of 77,006 shares, the days-to-cover ratio is presently 1.5 days. Approximately 6.1% of the shares of the company are sold short. Approximately 6.1% of the shares of the company are sold short. Based on an average daily volume of 77,006 shares, the days-to-cover ratio is presently 1.5 days.

iShares Large Cap Value Active ETF Price Performance

Shares of NYSEARCA:BLCV traded up $0.18 during trading on Thursday, hitting $37.70. The company’s stock had a trading volume of 7,964 shares, compared to its average volume of 15,982. The firm has a market cap of $70.88 million, a price-to-earnings ratio of 16.21 and a beta of 0.82. The company has a 50-day moving average of $36.48 and a 200-day moving average of $35.56. iShares Large Cap Value Active ETF has a 12 month low of $28.52 and a 12 month high of $37.84.

Hedge Funds Weigh In On iShares Large Cap Value Active ETF

An institutional investor recently raised its position in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC increased its position in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV) by 677.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,422 shares of the company’s stock after purchasing an additional 4,725 shares during the period. Roxbury Financial LLC owned 0.41% of iShares Large Cap Value Active ETF worth $186,000 at the end of the most recent reporting period.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.